Strong performance from Central and Eastern European and Russian managers has failed to attract the attention of limited partners concerned about the spread of financial crisis throughout the entire region, as well as corruption in Russia, according to a panel at Harvard’s recent private equity conference.
3 min read · 05 January 2013
Limited partners are ‘drilling down’ into the unrealised portfolios of GPs before committing capital, both with new and existing GP relationships.
3 min read · 05 January 2013
Munich-based senior principal Christoph Wedegaertner joined the direct secondaries specialist in 2005. The firm closed is sixth fund on €137m in January.
1 min read · 05 January 2013
The technology-focused fund hit its $2bn hard cap and was placed by Lazard Freres.
1 min read · 05 January 2013
The Employees’ Retirement System of Texas is looking for a director of private equity after Patrick O'Hara announced his resignation. O'Hara is heading to Brazos Private Equity Partners.
1 min read · 05 January 2013
The California Public Employees’ Retirement System has approved a number of measures recommended by a special review on the use of placement agents.
1 min read · 05 January 2013
The firm has agreed to sell flooring specialist Gerflor alongside Barclays Private Equity and Paris-based asset management firm NiXEN Partners.
1 min read · 05 January 2013
The firm has agreed to sell Emergency Medical Services Corporation (EMSC) to Clayton Dubilier & Rice for $3.2bn. Upon closing of the transaction, EMSC will no longer be traded on the New York Stock Exchange.
1 min read · 05 January 2013
Stephen Welton, a senior member of JPMorgan spinout CCMP Capital Advisors, will act as CEO of Business Growth Fund, which will be chaired by former Barclays director Sir Nigel Rudd.
2 min read · 05 January 2013
London-listed HarbourVest Senior Loans Europe has invested or committed roughly 69% of its proceeds since listing on the London Stock Exchange in May.
2 min read · 05 January 2013
